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Fox buying Roku for $22B

The Hill
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Fox buying Roku for $22B

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Fox Corporation has agreed to purchase Roku, the streaming platform and device manufacturer, in a $22 billion transaction combining cash and stock. The acquisition unites Fox's content operations—including live sports and news—with Roku's technology platform and distribution network, which serves more than 100 million households. The merger is anticipated to close in the first half of 2027 as Fox seeks to strengthen its competitive position in the streaming market.

Fox Corp. announced Monday it is buying streaming company Roku for $22 billion.

In a release, Fox said it will pay $96 in cash and 0.9693 shares of its Class A common stock for each Roku Class A and Class B share outstanding.

The deal values each Roku share at $160.

The deal gives Fox...

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The Hollywood Reporter
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This chart shows how Fox buying Roku could create a streaming giant with more TV viewership than Netflix

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Fox Corp. to buy streaming pioneer Roku in a $22 billion deal

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Fox jumps to streaming market, acquires Roku in $22 billion deal that will combine both companies

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What is Roku, why is Fox Corp buying it for $22 billion?

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